This market research report includes a detailed segmentation of the global AgriTech market by type (bio tech and chemicals, analytics, sensors, mobility, and others), application (irrigation, production and maintenance, marketplace, supply chain, and others), and region (North America, Europe, APAC, Middle East Africa, and Latin America). The market research report identifies Impossible Foods, Mei Cai, Indigo, ProducePay, PivotBio, and Plenty as the market leaders operating in the global AgriTech market.
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3. Market Snapshot
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• The global AgriTech market is anticipated to grow at a CAGR
of more than 18% during the forecast period 2019–2025
• The production and maintenance application is estimated to
hold the largest market share in 2019, and this trend is likely
to continue during the forecast period 2019–2025.
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4. Analyst Opinion
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“Advanced and digital technologies have not impacted greatly in the agricultural sector till now. To assist
farmers with a better yield, boost cultivation and ensure improved marketing of products, adequate
support from the government is mandatory in this scenario,”
-Swarup Bhowal, Research Analyst, Infoholic Research
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6. Page 6
Market and Region Segmentation
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6%
Asia Pacific is anticipated to witness the fastest growth rate due to China
and India investing in technologies for agriculture
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8. Assumptions
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• All macroeconomic parameters are expected to remain constant during the forecast
period.
• The exchange rates are assumed to be constant during the forecast period.
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